A7 PRINT AS: årsregnskap 2005 vs 2004
Grew 13% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A7 PRINT AS. Revenue 2.89m NOK → 3.26m NOK (+12.8%). Equity 492.5k NOK → 958.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A7 PRINT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.89m NOK to 3.26m NOK (+12.8% YoY). Calculated
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↑
Operating result improved
Operating result -141.6k NOK → -72.6k NOK (op. margin -4.9% → -2.2%). Calculated
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↑
Equity strengthened
Book equity 492.5k NOK → 958.2k NOK (equity ratio 60.2% → 152.9%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.05× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.29m NOK → 1.38m NOK (45% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 192.3k NOK → 216.6k NOK (+12.6% YoY). Calculated